Old 09-01-2016 | 12:01 PM
  #34  
Woodbourne23
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Originally Posted by Sr. Barco
I feel the same way. The company's platform was no B fund under any circumstance but now we have a B fund in the AIP. I also know from talking with an old school former SWAPA guy the company's platform included PBS but there's no PBS in the AIP. We got a very good economic package and they got codeshare. I trust JW & Co will not be swindled into codesharing with weak language. I'm sure legacy guys will have much to say about that. I cannot put my thoughts about g k on this forum but I understand negotiations are give and take, especially when negotiating in federal mediation.

Here's something to consider: As a percentage of the stated platform the AIP works out as follows:

Pay: 97% (Final pay $280/HR vs $289/HR)
Retirement: 94% (15% B fund vs 16% B fund)
Retro: 79% $53k vs $67k (Platform stated 4/4/5.9 and we got 3/4/4)

The reality is no one gets 100% retro. Recent precident shows Fedex got 84% of full retro and UAL got 68%. My UPS friend says their TA has a $60k signing bonus for Captains paid over 6 months when his full retro far exceeds $100k.
"Full retro" in the platform was based off of raises, that some would argue, were above cpi. I agree that our snap up and, consequently, our retro should have been more. Unfortunately, due to the federal mediation process, saying platform or nothing will only yield Ice or re docketing
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